This is precisely what I’ve been talking about–men with their heads in the sand, ignoring the capricious comments by every single Fed member–menacing the public with rate hike promises.
Liste to me. If the Fed doesn’t hike in June or July, they would have squandered any semblance of credibility they have left. Crude has rallied to a point where they are now forced to act, for better or for worse. I do believe, emphatically, if they do not follow through with their asshole speeches, markets will hate them for it. They must be true to their word.
Apparently, the surrender monkies from BNP Paribas don’t believe any of it. They’re probably taking shots each time the Fed says they’re gonna hike rates–getting drunk, having a grande old time.
Egg will be all over this man’s face, in short order.
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It is an interesting set of circumstances. I do believe as you say that the fed must hike rates, and soon, if they want to maintain any credibility with anyone. Yet at the same time, it’s also hard for me to believe they will. Honestly, I’m getting close to be out of fracks to give about it.
This has camel races written all over it. Trash bag living and all. It would be comical if not so fucking badly bizarre.
They won’t hike rate. Crude will be traded $60 or higher by the end of June.
You will be correct if the entire province of Alberta is on fire, Iran attacks Saudi Arabia, and rebels topple the government in Nigeria.
July and only if there is no Brexit.
G7 joint statement. Is Grandma going against it? Hard to believe.
““Since we last met, downside risks to the global outlook have increased,” the G-7 leaders said in a joint declaration. “We commit to strengthening our economic policy responses in a cooperative manner and to employing a more forceful and balanced policy mix, in order to swiftly achieve a strong, sustainable and balanced growth pattern,”.